Damn! I am disappointed. More waiting it seems...
No Desktop Studies (Still not completed by Teck)
No Production Decision (I guess Laird Agreement holds no leverage)
No updated Technical Report (more studies in 2019)
So the above it all negative, yet Elmer says this:
"Schaft Creek is one of the largest undeveloped polymetallic porphyry copper deposits in North America and represents a unique opportunity given the low inventory of advanced copper projects"
So, What unique opportunity is he speaking about? This sounds like an asset sale pitch.
Is it an opportunity to find a buyer in this market? Given the low inventory of advanced copper projects.....Is that his understanding of the above statement?
This news update gives us no meat, very vague in nature but probably intended to be.
Since the desktop studies are not completed, my hope is, once finished (couple months?) we can proceed to the the technical report this year at some point.